Banks fail to reach consensus on NBFC loan moratorium
IBA to write to RBI seeking clarity after lenders remain divided over the issue of giving moratorium to NBFCs
SBI continues to maintain its stance of not too keen on giving moratorium to non-banking finance companies
MUMBAI : Indian Banks Association on Saturday decided to write to Reserve Bank of India seeking clarity after lenders remain divided over the issue of giving moratorium to non-banking finance companies, according to two bankers aware of the matter. The decision comes after the management committee of banks met to discuss this issue.